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Economic Development

Economic Development

Resources & Links
Brockton: Navigating Business Success

The City of Brockton is dedicated to working with its native businesses, newcomers, developers, residents, and other stakeholders to improve the city's economy for everyone. At the Department of Planning and Economic Development, it is our job to help you find the incentives and tax credits you need to make your project a success. We have worked extensively with both state and federal programs. Our staff understands how to navigate the landscape of grants, incentives, and tax credits to identify the ones that are most applicable to your project, and has the experience to guide you through the application and qualification processes.

City of Brockton

Downtown Building Activation Initiative (Rent Rebate)

The City will provide rent rebates, for up to two years, to approved tenants who lease currently vacant property in downtown Brockton.

Tenants leasing ground floor space could be eligible for a 50% rebate of their rent (max $5,000) in the first year, and a 25% rebate (max $2,500) in the second year.

Tenants leasing upper floor space would be eligible for a 25% rebate of their rent (max $2,500) for two years.

Requirements:
  • Tenants must be new to downtown and not relocating from an existing downtown location.
  • Tenants wishing to occupy ground floor space must be either retail, restaurant, or high pedestrian volume businesses to qualify for this program.
  • Marijuana establishments are not applicable.

Brockton Redevelopment Authority

Brockton Downtown Restaurant Infrastructure Fund (BDRI)

Established as a local funding mechanism to incentivize new full-service restaurants in historic downtown Brockton, the fund received capital from the federal Department of Housing and Urban Development and provides loans of up to $350,000 to qualified borrowers.
Storefront Façade Improvement Program

Qualified applicants can receive an interest-free loan to be used for the renovation or restoration of commercial property in eligible Brockton locations. The funds can be applied toward architectural details, installation of energy-efficient windows and entrances, certain signage and awnings, and other improvement projects.

Commonwealth of Massachusetts

Massachusetts Housing Development Incentive Program (HDIP)

As a Gateway City, Brockton can offer this tool to developers who want to bring in new construction of market-rate residential projects or rehabilitate existing multi-unit residential housing. Through HDIP, Brockton can help developers of qualified projects apply for state tax credits and full or partial exemptions from local-option real estate taxes.
Massachusetts Brownfield Tax Credits (BTC)

Working with the Massachusetts Department of Environmental Protection, Brockton can help individuals, corporations, and nonprofit organizations apply for tax credits equal to as much as 50% of the cost of cleaning up contaminated property in the city.
Massachusetts Economic Development Incentive Program (EDIP)

A job-creation incentive program offered in collaboration with the state Economic Assistance Coordinating Council, Massachusetts EDIP provides employers with tax credits for bringing new employment opportunities to Brockton.
Massachusetts Vacant Storefront Program (MVSP)

To encourage reinvestment in Brockton's historic downtown core, the state has certified the neighborhood's eligibility for this competitive tax incentive program. The Massachusetts MVSP can provide refundable Economic Development Incentive Program tax credits for businesses and individuals that lease and occupy a vacant storefront in downtown Brockton.
Massachusetts Community Investment Tax Credit Program (CITC)

Aimed at improving economic opportunities in low- to moderate-income households, the Massachusetts CITC program incentivizes partnerships between residents, stakeholders, community development corporations (CDCs), nonprofits, and public and private entities through community investment plans, and community development programs and activities.
Massachusetts Historic Rehabilitation Tax Credits

For individuals and businesses that are rehabilitating historic structures certified by the Massachusetts Historical Commission. This program offers tax credits of up to 20% of the rehabilitation expenditures.
Massachusetts Life Science Credits

For certified life science companies, Brockton offers access to the state's Life Sciences Investment Program and Life Sciences Tax Incentive Program. Five different tax credits qualified life sciences companies can apply for, as well as other tax incentives.
Massachusetts Medical Device Tax Credit

Eligible individuals and businesses that purchase qualifying medical devices may be eligible for a tax credit equal to 100% of user fees paid by the medical device company to the U.S. Food and Drug Administration.
Massachusetts Investment Tax Credit (ITC)

Corporations located in Brockton whose operations consist of manufacturing, research and development, agriculture, or commercial fishing may qualify for the state's Investment Tax Credit when they lease or purchase qualifying tangible property.
Massachusetts Research Credit

Businesses located in Brockton that are engaged in research purposes may qualify for the state's Research Credit for qualified expenses, which may include employee wages, portions of contractor fees, and purchase of supplies.
Massachusetts Workforce Training Fund Programs (WTFP)

Brockton employers who are training current or newly hired full-time employees within the state may qualify for grants of up to $250,000 through the state Workforce Training Fund.
District Improvement Financing (DIF) and Tax Increment Financing (TIF)

A suite of economic tools that incentivize public/private partnerships for redevelopment of blighted property within Brockton, whether they are project-based and focused on developers (TIF) or targeted redevelopment districts (DIF). Both programs modify property taxes over time.

Federal Government

Opportunity Zones

There are four federal Opportunity Zones in Brockton, each of which is designed to maximize investment opportunities. Two are located downtown, at the former CSX site and in the Transit-Oriented Development (TOD) area; one is the Brockton Fairgrounds, the largest undeveloped site in the city; and one is around Good Samaritan Hospital. Special federal tax benefits are available to qualifying developments in these zones.
New Market Tax Credits (NMTC)

Through this federal program, Brockton can help individual and corporate investors access credits against their federal income taxes for equity investments in Community Development Entities that are working in low-income communities to reinvigorate local economies.
Historic Preservation Tax Incentives

Certified historic structures identified through the National Park Service and state historic preservation officials are eligible for individual or business income tax credits of up to 20% of the cost of rehabilitation for income-producing uses.
HUBZone Program

Small businesses located in Brockton's federally designated HUBZones are given preferential consideration for contracts within these historically underutilized areas. In addition to limiting competition for certain contracts, HUBZone-certified businesses receive a 10% price evaluation preference in open contract competitions.
Brockton_Permitting_Handbook-pdf

Brockton Permitting Handbook

Most development projects require several permits, approvals, and licenses. This guidebook will explain to you the various staff persons, departments, and boards involved with the development process for commercial and industrial development in the City of Brockton. It provides you with tips and suggestions so that your project can be efficiently reviewed by the appropriate City of Brockton staff and/or boards or commissions.

VIEW HANDBOOK

Brockton Investor Prospectus

Whether you are looking to take advantage of the Federal Opportunity Zones, our abundant water and sewer capacity, or our location just 20 miles south of Boston and Logan International Airport, the Brockton Investor Prospectus lays out a compelling argument for choosing Brockton for your business start-up, expansion or relocation.

VIEW PROSPECTUS
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DEPARTMENT CONTACT

PLANNING &
ECONOMIC
DEVELOPMENT

rob-may
Rob May

Director of Planning & Economic Development
[email protected]
(508) 580-7113

Rob joined the City in 2014 as the Director of Planning and Economic Development, bringing with him a rich background from cities like Chicago and Somerville, and an MBA from Indiana University. In his role, he and his team focus on improving life quality, job creation, environmental and historical preservation, and fostering a vibrant economy through professional support to key city boards and commissions, aiming for balanced growth and planning in Brockton for both its current and future residents.

City of Brockton
  • Brockton City Hall
  • 45 School Street
  • Brockton, MA 02301
  • (508) 580-7123
  • Directions
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